Altenar obtains Ontario licence
Sportsbook software provider Altenar has been granted an Ontario licence by the Alcohol and Gaming Commission of Ontario
Sportsbook software system provider Altenar has been granted an Ontario licence past the Alcohol and Gaming Commission of Ontario.
The licence will allow Altenar to bring home the bacon sportsbook solutions to operators inwards Ontario, an opportunity that the accompany hopes “will invigorate farther innovation for Altenar’s product.”
The Malta-based society is looking for to spread out and grow its byplay worldwide, with this licence authorisation marking the quaternary regulated jurisdiction in which Altenar operates.
This experience of working in other regions has given Altenar the knowledge required to pilot current Ontario gaming regulations under the Registrar’s Standards for Internet Gaming, which sets come out rules that both operators and suppliers must hold fast to.
Through its iGaming framework, Altenar will acquaint procedures designed to preclude fraud, money laundering and terrorist financing, with identity element verification measures inward set for all new players.
In a statement, Altenar confirmed that is has taken “all the necessary measures inwards tell to protect its clients against possible cyber attacks past ensuring the confidentiality, wholeness and availability of its components is maintained at all times.”
The Ontario market place has seen speedy growth, with studies reporting that players pass “approximately CAN$500m (US$338.1m) dollars yearly on online gambling”. By obtaining a licence inwards this region, Altenar hopes to pull young manipulator clients inward the burgeoning Canadian River market, adding: “we want to make our production break and break in order of magnitude to maintain our berth inwards the pantheon of best providers worldwide.”
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